# ATHOL SAVINGS BANK
ATHOL, MA · FDIC certificate 90146 · asset band $300M-1B · latest filing 2025-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $677.8M | |
| Deposits | $555.6M | |
| Loans and leases | $432.7M | |
| Total equity | $67.5M | |
| Loans / deposits | 77.07% (p40 of band) | 81.53% |
| Liquid assets / assets | 31.57% (p66 of band) | |
| Uninsured deposits / deposits | 16.58% (p19 of band) | 25.77% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 7.67% (p67 of band) | |
| FHLB advances / assets | 7.67% | |
| Tier 1 leverage | 11.27% (p63 of band) | 10.58% |
| Unrealized securities loss / equity | -20.86% (p21 of band) | -7.83% |
| AOCI / equity | 7.36% (p71 of band) | |
| ROA (annualized) | -0.29% (p2 of band) | 1.16% |
| Net interest margin | 2.57% (p6 of band) | 3.74% |
| Efficiency ratio | 146.65% (p100 of band) | |
| Noncurrent loans | 0.72% (p66 of band) | 0.37% |
| Net charge-offs (annualized) | 0.02% (p57 of band) | |
| Reserve coverage of noncurrent | 144.78% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 28.86% (p35 of band) | |
| Auto loans | $43.1M (9.96% of loans; DQ 1.82%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 6.4% | |
| Employees | 72 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | uninsured deposits leaving |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 0 |  | uninsured deposits leaving |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | expense ratio p90 |  |
| 2017-06 | 0 |  | capital falling, expense ratio p90 |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | expense ratio p90 |  |
| 2018-09 | 1 | capital falling | expense ratio p90 |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 | expense ratio p90 | capital falling |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | losing money |  |
| 2020-06 | 3 | capital falling |  |
| 2020-09 | 2 |  | losing money |
| 2020-12 | 1 |  | capital falling |
| 2021-03 | 3 | securities losses >30% of equity, NIM <2.5% |  |
| 2021-06 | 2 |  | NIM <2.5% |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 | losing money | expense ratio p90 |
| 2022-06 | 4 | capital falling, noncurrent p90 |  |
| 2022-09 | 5 | AOCI drag >20% of equity |  |
| 2022-12 | 2 |  | losing money, capital falling, noncurrent p90 |
| 2023-03 | 2 | expense ratio p90 | AOCI drag >20% of equity |
| 2023-06 | 1 |  | expense ratio p90 |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 3 | expense ratio p90, NIM <2.5% |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 4 | capital falling |  |
| 2025-03 | 4 |  |  |
| 2025-06 | 3 |  | capital falling |
| 2025-09 | 2 |  | NIM <2.5% |
| 2025-12 | 2 | losing money | securities losses >30% of equity |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-01-25 [Former Athol Savings CEO named president of Cornerstone Bank - Athol Daily News](https://news.google.com/rss/articles/CBMioAFBVV95cUxPaThmaGc5YjhpenJSR0M5N3Z4SGRNRUs0MHBfLVg0NFAzQnJTM2RyU0ptX0ppV2pEc3hBc2ZWRkJLcmYzRWJzSHlEbFlpcHNheEE2cVhGa1QyRHNpbWNaVm1yUlpBaWN0d3ZUYWp5NG5lX3ljRnc1eTBaaEV3M3h3NWZ4cWZYVlh5QVJiNnVXQ0dUdWVoN0ZFazZvdmQ4dmNT?oc=5) · Athol Daily News
- 2026-01-05 [Cornerstone Bank completes $2.4B merger with Athol Savings - wbjournal.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPcFlHOXF3LTdnSjJiN1Rvc253M3dTMEo3cXp4VFV0cUlNdWllTlFpN3pwcWNTNFZDbnktbTNNQUY2T3BkNEQ4c2tKYmRfNU5zYWs0MGV1ZUR6WXB6Zzg0c0plVGNaV0ZVWGpicldFa1Z0UVo5UFFkNXFpRXQ0b25tajNlTDlNcUlZN3I1VXZiOTRoUQ?oc=5) · wbjournal.com
- 2026-01-05 [Cornerstone Bank, Athol Savings Bank Finalize Merger - Patch](https://news.google.com/rss/articles/CBMimAFBVV95cUxQa2NjZjNWaW8xSXlnSExwbHFIcGhEdlVKLUo1R3R3V1VIelBQVF9PYVhUenR3V2pDQ2ZpMThYOXVEckp6bUxKODFfN1VHUzY4d3ZuMnBDOWtMeE1oWWRUZWNTd2FkSUh6TjBncUhjMlRFVVJBSGl6dk5FSXZncmVOX0UtcFZGMGhlODVlbi03U2dLeG1kX2p1OQ?oc=5) · Patch
- 2025-12-18 [Athol Savings Bank CEO to lead Cornerstone Bank following banks' merger - The Gardner News](https://news.google.com/rss/articles/CBMi5wFBVV95cUxPU1BXOENQczNZdXluLXhicXVfYko2SW1xNFpfZWVtcjJwb3JzZGpPM1Z2eFhESDBRWUJCMnNUQjBfR2t2T3NYcER4STZCTHFLdFpFcktzRmNHT2l5cjVfUzVzWGlTaUpSWE4tLVplcXRqMnVSOXNNWXdjV3BiYThiNFRKSU13WFc1bEtEWWQwMlB0RHF5SS1aZlFpTGtKaTYzbVp2OUtJZmF6UF96WmU0dkxrblh0VllMZlJIQ1pUS0ExMHpEVVVNb2dVQXRoNW5tV2N5bVBQRE82RWQxdHhxOHhfaFV0bUE?oc=5) · The Gardner News
- 2025-11-12 [Athol Savings Bank and Cornerstone Bank announce merger, enhancing technology and local access - Athol Daily News](https://news.google.com/rss/articles/CBMizAFBVV95cUxNSG5vNV9qOHktNllzeEFLS3RYeVRwVWdFWHZ1T1l5UkFjOW52UzgtUnprRDd0Ylg5cjFoeUV6WVdneXRILURZN01nbjV6anBmS1lwZi1oY3J2Tm53V2pnM0FFQ0NDZ3pDdzlia3JRUi03OGkxUkpoWDB6dU1ITnRlRDY5bTdNQ0hDNXlpdUVSQlpfN2JQZXhfeU5BVmoycUJwaWF3V09VMmo2S1hyaWJVQ1FuallaMFB2VWtBUVM5X01yV292Q181dnJ0cGI?oc=5) · Athol Daily News
- 2025-08-01 [Cornerstone, Athol Savings to Merge; Combined Bank Will Have $2.4B in Assets - Connect CRE](https://news.google.com/rss/articles/CBMirgFBVV95cUxOalFDLUpFNGl5SDFtMlBZWnRQcnhUQ3FKTWVFX2M3QkZoSjJrT29zd2YwS0oxUXN0ZFZ3NUJpQ0NSVWlLRGh4VVhTc2dlbVlOQWFnQThWMGRkUVdjQ2xwSUdOQ0pvQ2VGdF9Vd08yXy1pOHczdXFuUEVaVHZ5Sl9JX3FWZkMzSnBjYUlPMEJpOF9PbU1Xb0VpOGd5RnFhT1hSZTBJQkUySklhRnREU2c?oc=5) · Connect CRE
- 2025-08-01 [New merger of Mass. banks to create entity with $2.4B in assets - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxQSG5xeEwwQXIzMmVXMjdsUy1zdng4NWlLblRubzRrNzBPUm9nazN5V0RsSXZyTV9PU1lsYUhpRnBhcER0ZVBPQTlnQ1lzamR1LWhDUGFkcHZDUThoT3psTXZ4MFdsOTBqREF2YmxSR2JrZ2ZzdTFJYVdEQWxubC0yMXZHU2VmRHNQZE5OLWNFZklSRzFXM3dac2JtYWFRcFE?oc=5) · The Business Journals
- 2025-07-29 [Cornerstone Bank to merge with Athol Savings, names new president - wbjournal.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxNajQxOWd4VHU2Uldpd3VERFpnaE5nZV9WLUlpaENFNmZuQVVrdjllMWowUEdwd0NvZGdIWGYxcjdwdF9uSV9RenNQTUp0dlk5VVdfWDdOXy10cW9TdUstWl9IeVZBYXZZVmMxejU5eGdSRTB0SjdfN1RyYlJMLS1XdDRKWjMtV25WdmgwS2YzTE9JTWFpdjdlV2pSVQ?oc=5) · wbjournal.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=90146 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/34.json (key "90146", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide